The Biden administration announced Friday that Ozempic, Wegovy and 13 additional drugs will now be covered under Medicare ...

The U.S. Centers for Medicare and Medicaid Services released its list of drugs covered under Medicare Part D selected for the ...

The US plans to slash the price it pays for the Novo Nordisk A/S blockbusters Ozempic and Wegovy, the latest drugs to be ...

Popular weight loss drugs like Ozempic and Wegovy have been added to Medicare’s list of medications ... this year that caps annual out-of-pocket costs on prescription drugs to $2,000.Under ...

Federal officials have projected the move would add $25 billion in Medicare costs and $11 billion in Medicaid costs during the next decade. Ozempic, Rybelsus and Wegovy accounted for $14.4 billion ...

while Wegovy’s list price is roughly $1,350. While the negotiations process is expected to yield savings for Medicare, any cost reductions for its enrollees will depend on a variety of factors.

U.S. Health and Human Services Secretary Xavier Becerra says “this is a big deal.” Drug companies oppose the program.

Together, those 25 drugs account for a third of Medicare spending on prescriptions, Becerra said. Ozempic and Wegovy, in particular, have been scrutinized for their high out-of-pocket costs.